California school finance: The 1970s decade

Abstract

The decade of the 1970s opened and closed with Serrano v. Priest before the California courts. The decade was opened by a rejection of property tax reductions for Californians and closed by an acceptance of both constitutional limits on property tax rates and on government spending. In between much and little changed. The substantial equilibrium with which the decade began has given way; the decade ends in substantial disequilibrium.

Stubblebine is the Von Tobel Professor of Political Economy at the Claremont Men’s College and Claremont Graduate School and Director of the Center for the Study of Law Structures at the Claremont Men’s College. Kennard is a Ph.D. candidate at the Claremont Graduate School and a graduate Research Assistant at the Center for the Study of Law Structures at Claremont Men’s College.